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BTX5031 - Insurance law

6 points, SCA Band 3, 0.125 EFTSL

Postgraduate Faculty of Business and Economics

Leader: Mr Wayne Gumley


Caulfield First semester 2007 (Off-campus)
Caulfield First semester 2007 (On-campus)
Singapore First semester 2007 (Off-campus)


The subject is designed to develop an understanding of types of insurance with an emphasis on general insurance: formation of the insurance contract and the role played by the Insurance Contracts Act 1984; the concept and role of an insurable interest; the indemnity concept including the role of averaging clauses; misrepresentations and how it affects the insurance contract; the roles played by insurance brokers and agents and the role played by the Insurance (Agents and Brokers) Act 1984 (Cth); notification and proof of loss; measurement of loss; subrogation concepts; and resolution of disputes.


The learning goals associated with this unit are to:


Assignment One (3,500 words): 35%
Assignment Two (3,500 words): 35%
Research Project (3,000 words): 30%

Contact hours

3 hours per week